Lenskart forms manufacturing JV with China’s Mingfeng
Lenskart Solutions’ board approved on July 2 the incorporation of a joint venture with Mingfeng Glassesworld, a Chinese eyewear manufacturer, to produce metal spectacle frames in India. Lenskart will hold 80% of the new entity, Lenskart Metalframes, with Mingfeng Glassesworld holding the remaining 20%. The JV aims to localize production, ...
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